HomeMy WebLinkAbout06/01/1992, 8 - ANNUAL MEETING OF THE CAPITAL IMPROVEMENT BOARD MINUTES
SPECIAL MEETING OF THE CAPITAL IMPROVEMENT BOARD
CITY OF SAN LUIS OBISPO
TUESDAY, NOVEMBER 20, 1990 - 7:00 PM
VETERANS MEMORIAL BUILDING, 801 GRAND AVENUE
SAN LUIS OBISPO, CALIFORNIA
ROLL CALL:-
CAPITAL
ALL:CAPITAL IMPROVEMENT
BOARD:
Present: Directors Peg Pinard, Penny Rappa, Jerry Reiss, and President Ron Dunin
Absent None
OFFICERS:
Present John Dunn, Executive Director, Bill Statler, Chief Financial Officer, Kim Condon,
Acting Secretary
Absent Pam Voges, Secretary
1. PROJECT FINANCING (File No. 213)
The Capital Improvement Board considered approving the sale of$4.5 million in Certificates of Participation
in order to finance approved projects. The projects to be financed are:
1. Fire Station #1 Site Acquisition;
2. General Fund Share of the Recreation Center Rehabilitation; and
3. Impending Open Space and Parkland Acquisitions.
Moved by Roalman/Pinard, (5-0), Capital Improvement Board Resolution Nos. 107 and 108 of the Board of
Directors of the Capital Improvement Board adopted approving the sale of Certificates of Participation in the
amount of$4.5 million as recommended.
8S5 pm,there being no further business to come before Board,President Dunin adjourned the meeting to the
Annual Meeting of the Capital Improvement Board to be held the first Tuesday in June of 1991. (Due to the
lack of a quorum,the Capital Improvement Board did not meet on June 4, 1991.) The minutes were recorded
by Kim Condon, Acting Secretary.
APPROVED:
Pam Voges, Secretary